Skip to main content

About your Search

20120916
20120916
SHOW
Cavuto 1
STATION
FBC 1
LANGUAGE
Search Results 0 to 0 of about 1
FOX Business
Sep 16, 2012 6:00pm EDT
back the president of the united states, is to? former new hampshire governor. well bin bernanke's announcement was about stimulating the economy, it was also about stimulating the president's poll numbers. the governor does not think that this will have the desired effect. governor, this is a fairly blatant move with little more than 50 days to go until the election. it really could have waited. why do you think it happened the way it did? >> i am not sure if it was overt or just the psychological pressure on the back that told him to do it now, but -- neil: why do it now? you would do that now? >> no. if he was going to do it he should have done it for five months ago. obviously it was not appropriate then. it is probably -- it is a problem now. look. what he has done is not a qe3. it is to the infinite. there is no timeframe. there is no limit to the amount. he just says, we are going to do 40 billion a month on mortgage-backed securities. then the next paragraph he says, and we might move to purchasing this is going to clobber, i believe, in the long run the dollar, and it is
Search Results 0 to 0 of about 1